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sexta-feira, 12 de agosto de 2011
Fade The News
Project Forex & Brokerage 5BKP24RS6NCR Fade The News
Contrary to Trade The Number who installed position in the direction of the spike, Fade The News just put up a position opposite to the spike. Entry made after the initial spike was considered the maximum and the hopes of profit-taking action that makes the price immediately move against the direction of the initial spike.
This method is very effective to face the News class that usually has a spike not more than 30 pips as U.S. Durable Good, U.S. New Home Sales, ADP, PPI. Do not use this method to deal with the Great News as the NFP, Interest Rate Change, CPI, GDP and News of which has a history can move more than 50 pips.
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